NHTF was owed in 2013 is $761M which would result in $30M for NJ for homes we can all afford and ensure that everyone has a place to call home.
Tax Reform 2014 proposes to lower the mortgage interest deduction to $500,000 to lower taxes instead of funding the National Housing Trust Fund.
Roman made the point that we are “not increasing income enough” to truly help homeless families move out of poverty and that rapid re-housing works.
We urge Mr. Watt to act swiftly to enforce Fannie Mae and Freddie Mac’s statutory obligation to fund the National Housing Trust Fund.
U.S. Senator Robert Menendez has signed on to a congressional sign on letter supporting the National Housing Trust Fund (NHTF.)